Posted by mb50
I feel like I have to say this periodically as we highlight the massive corruption in Obama’s various “green energy” initiatives. We like alternative energy. We think it has an important place in the future of energy. However, we are not for the subsidization of these technologies and we are certainly not for the extensive “green graft” we have seen under the current presidential administration.
The attached (short) article does a good job of summing up some of the most egregious examples of green graft.
(From The American Thinker)
“ Let’s turn our attention to SolarReserve. The DOE gave a $737-million loan for SolarReserve to build its Crescent Dunes project near Tonopah, NV. SolarReserve’s list of “investment partners” includes Pacific Corporate Group (PCG) Clean Energy & Technology Fund (East) LLC, whose number-two man is Ronald Pelosi, a San Francisco politico who just happens to be Nancy Pelosi’s brother-in-law.”
- Robert Kennedy Jr. Talks About Crony Capitalism But Doesn’t Get It Quite Right
- Another “Green” Company Backed By Taxpayers, Another Bankruptcy: Ener1
- The Green Gravy Train: CBS News Identifies 11 “Alternative Energy” Companies In Similar Shape to Solyndra.
Tags: Barack Obama, Crony Capitalism, green energy, green graft, Nancy Pelosi, News by topic, Obama, Obama administration, Pacific Corporate Group, Political economy, President Obama, SolarReserve, Solyndra, Steven Chu, Sustainable energy, Tax Payer's Dime